Financial Highlights

Financial Highlights
2019 FQ2
6/30/2019
2018 FQ2
6/30/2018
Y-Y Ch (%)
2019 FQ1
3/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,094,260 983,216 11.29 1,103,840 (3.47)
Total Net Loans 910,506 795,112 14.51 910,762 (0.11)
Total Deposits 875,622 775,066 12.97 856,653 8.86
Equity Attributable to Parent Company 122,617 115,724 5.96 119,937 8.94
Total Equity 122,617 115,724 5.96 119,937 8.94
Profitability (%)
Net Income($000) 1,723 946 82.14 1,492 61.93
Net Income Attributable to Parent($000) 1,723 946 82.14 1,492 61.93
ROAA 0.62 0.38 24 bp 0.55 7 bp
Core ROAA 0.67 0.45 22 bp 0.60 7 bp
ROAE 5.72 3.28 244 bp 5.05 67 bp
ROATCE 6.87 4.33 254 bp 6.19 68 bp
Core ROAE 6.17 3.84 233 bp 5.53 64 bp
Net Interest Margin 3.28 3.60 (32) bp 3.40 (12) bp
Reported: Net Interest Margin 3.29 3.60 (31) bp 3.45 (16) bp
Efficiency Ratio 74.78 87.58 (1,280) bp 75.61 (83) bp
Noninterest Inc/ Operating Rev 13.27 12.43 84 bp 11.15 212 bp
Balance Sheet Ratios (%)
Loans/ Deposits 104.77 103.42 135 bp 107.23 (246) bp
Securities/ Assets 8.04 8.19 (15) bp 8.14 (10) bp
Total Equity/ Total Assets 11.21 11.77 (56) bp 10.87 34 bp
Tangible Equity/ Tangible Assets 10.20 10.59 (39) bp 9.85 35 bp
Tang Common Equity/ Tang Assets 10.20 10.59 (39) bp 9.85 35 bp
Asset Quality (%)
NPAs/ Assets 1.08 1.10 (2) bp 1.14 (6) bp
NPA Excl Restructured/ Assets 0.71 0.71 0 bp 0.82 (11) bp
NPAs & 90+ PD/ Assets 1.08 1.10 (2) bp 1.14 (6) bp
NPAs/ Loans & REO 1.28 1.34 (6) bp 1.36 (8) bp
Nonaccrual & 90+ & OREO/ Assets 0.71 0.71 0 bp 0.82 (11) bp
NPAs & 90+ PD/ Loans & REO 1.28 1.34 (6) bp 1.36 (8) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 10 9.81 19 bp 10.90 (90) bp
NCOs/ Avg Loans 0.19 0.23 (4) bp 0.16 3 bp
Loan Loss Reserves/ Gross Loans 0.81 0.89 (8) bp 0.86 (5) bp
Reserves/ NPAs 63.43 66 (257) bp 62.46 97 bp
Loan Loss Provision/ NCO 14.06 (75.32) 8,938 bp 87.71 (7,365) bp
Per Share Information ($)
Common Shares Outstanding(actual) 13,332,484 13,226,096 0.80 13,313,537 0.57
Avg Diluted Shares(actual) 13,104,943 13,126,419 (0.16) 13,037,149 2.08
Basic Book Value per Share 9.20 8.75 5.14 9.01 8.44
Book Value per Share, As Reported 9.20 8.75 5.14 9.01 8.44
Basic Tangible Book Value per Share 8.28 7.77 6.56 8.08 9.90
Tangible Book Value per Share, As Reported 8.31 7.81 6.40 8.11 9.86
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.13 0.07 85.71 0.11 72.73
EPS after Extra Growth(%) 85.70 16.70 6,904 bp 22.20 6,349 bp
Core EPS 0.14 0.08 75 0.12 66.67
Core EPS Growth(%) 71.60 (33.90) 10,551 bp 15.80 5,575 bp
Diluted EPS before Amortization 0.14 0.09 55.56 0.12 66.67
Pre-Provision Earnings per Share 0.13 0.05 160 0.12 33.33

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

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